Potlatch (PCH) Tops Q1 EPS by 5c
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PotlatchDeltic Corporation Reports First Quarter 2019 Results
April 29, 2019 4:28 PM EDTSPOKANE, Wash.--(BUSINESS WIRE)-- PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $6.6 million, or $0.10 per diluted share, on revenues of $181.7 million for the quarter ended March 31, 2019. Excluding after-tax special items consisting of a gain on the sale of the legacy Deltic MDF facility and a loss on the extinguishment of debt, adjusted net income was $5.3 million, or $0.08 per diluted share for the first quarter of 2019.
First Quarter 2019 Highlights
Generated $28.3 million of Total Adjusted EBITDDA Closed the sale of legacy Deltic MDF facility for $92 million, generating $43... More